California Still Dominates U.S. Venture Funding Despite Predictions, Taking Over Half of Dollars Through Q3 2022
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Despite predictions, California still dominates venture funding, taking 51% of US dollars through Q3 2022.
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California, Massachusetts and New York remain the "big three" for venture funding, with little change from pre-pandemic levels.
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States like Florida and Texas saw little increase in venture dollars, despite migration during the pandemic.
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The AI boom has boosted California's funding numbers over the past 1.5 years.
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Other states have growing sectors, but the longtime hubs still dominate overall venture funding.